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GLI Finance

1st Floor, 10 Lefebvre Street, St Peter Port, GY1 2PE, Guernsey

Overview

GLI Finance Limited (AIM:GLIF) is a London-quoted finance business. We originate and invest in secured financing solutions for businesses, providing finance to small and medium sized companies in the US, UK and Europe. We aim to produce a stable and predictable sterling dividend and a double digit ROE, whilst at least preserving our capital value. The Company was admitted to trading on the AIM market of the London Stock Exchange plc in August 2005, as T2 Income Fund Limited. Geoff Miller, now CEO of the company, joined the Board in 2009 and reshaped the business from an investment company invested in loans through a Collaterialised Loan Obligation (CLO) vehicle into a finance business in the period thereafter, through a series of corporate transactions. These transactions have given GLIF a unique range of platforms, online and offline, peer to peer and traditionally funded business. To reflect the growing importance of self-origination and the internalisation of the management of the business the Company its name to GLI Finance in 2013 and announced that the CLO investments, which were the origin of the company, are to be exited over time.

Total investments
4
Lead investments
3
Investments · 12mo
0
Active investors
0

Sector focus

  • Enterprise Software
  • Finance
  • Financial Services
  • Small and Medium Businesses
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Investment portfolio

  • Funding Options

    Led · Preferred · May 2015

    Funding Options provides advisory and brokering services to UK companies seeking business finance, introducing applicants to lenders and providers rather than issuing loans itself. The company may receive a commission or finder’s fee for effecting introductions. Led by Founder and CEO Conrad Ford, Funding Options has helped customers secure peer-to-peer loans, invoice finance, growth funding, equipment leases and commercial mortgages. It operates in the UK and the Netherlands and is expanding into a few other places in Europe. The firm intends to use new capital to continue expanding the team and improving its service across those markets. Its current financial update in the article is the receipt of a £5m minority investment from ING Ventures. Funding Options, led by founder and CEO Conrad Ford, operates a proprietary online platform that scans the alternative finance market to identify suitable lending and finance products for SMEs. The company works directly with business clients as well as their professional advisors. Its core product is a marketplace/search technology that aggregates alternative finance options for small and medium-sized enterprises. Funding Options is based in Manchester and is in the portfolio of The North West Fund for Digital & Creative. The business positions itself as an intermediary/credit broker connecting SMEs to alternative finance providers. The article does not disclose revenue, users, or other operating metrics.

  • MytripleA

    Led · Debt Financing · Apr 2015

    MytripleA operates an online crowdlending marketplace that intermediates loans between investors and SMEs. The platform is the first Spanish alternative financing platform registered with the Bank of Spain as a Payment Entity. Founded in 2013, MytripleA has already financed several small businesses through its marketplace. The company positions itself to offer investors fairer returns and SMEs access to credit outside the traditional banking system. Management plans to use new investment to further develop the platform, expand marketing, and hire additional staff. The article reports a fresh capital and debt package tied to the platform to support origination and growth.

  • Finexkap

    Participated · Series A · Nov 2014

    Finexkap is an early pioneer in working-capital financing, offering invoice financing and factoring to SMEs in continental Europe. Companies can access credit directly on Finexkap's site or via B2B partners using its API. Since launch the platform has provided approximately €300 million in working-capital financing to more than 1,800 customers. The company has set a goal to finance €1 billion of invoices by 2021. The recent funding is intended to support platform growth and expand financing capacity through an investment fund managed by Finexkap Asset Management, a wholly-owned subsidiary. Management says the capital provides sufficient resources to support origination growth over the next two years. Finexkap operates a web platform that purchases small and midsize enterprises' receivables to provide short-term working capital. It is described as the first French working-capital financing platform to buy SMEs' receivables online. The company has raised $22.5M in total, including a $7.5M Series A equity round and a further $15M earmarked to finance the platform’s initial deals. Series A proceeds will be used to ramp up data and product operations, marketing, and hiring. GLI Finance contributed $4.1M of the Series A, and the $7.5M Series A equates to a 26.44% ownership stake. The fundraising responds to a large market need: short-term financing issues are responsible for more than 25% of French corporate bankruptcies.

  • The Credit Junction

    Led · Seed · Sep 2014

    The Credit Junction operates a data-driven, asset-based lending platform that captures, integrates and analyzes financial data to underwrite working capital, growth and supply chain financing. The platform combines technology and data intelligence with traditional asset-based credit metrics and offers up to $7.5 million in capital availability to borrowers. Since its launch in May 2015, TCJ has helped suppliers, manufacturers and distributors access capital to support growth. The company intends to commercialize its proprietary data and risk analytics platform and expand its financing solutions to Supply Chain America. Financially, TCJ recently secured a $23 million growth equity investment and earlier obtained a $150 million credit facility in March 2018. Michael Finkelstein is CEO and Founder. The Credit Junction combines traditional credit metrics with data intelligence to deliver asset-based financing tailored to each borrower. Launched in May 2015 by CEO Michael Finkelstein, the firm targets growth-oriented suppliers, distributors and manufacturers. It typically serves companies with revenues between $5 million and $50 million and can offer up to $7.5 million in capital per borrower. The company partners with business owners to support growth objectives and local job creation. The Credit Junction operates across the United States and focuses on delivering comprehensive capital solutions for mid-market businesses. Its product is positioned as an alternative to conventional lending, emphasizing customized, asset-backed structures. The Credit Junction is a technology-enabled online lending platform focused on providing working capital and supply chain financing solutions to small and mid-size enterprises. The company uses an asset-based lending credit evaluation model combined with technology and data intelligence to assess business health and offer a more transparent, user-friendly borrowing experience. It can provide businesses up to $2 million in capital availability. The platform aims to disrupt small business lending by offering fast, flexible and efficient access to capital to support growth and local job creation. Management, led by founder and CEO Michael Finkelstein, plans further expansion and an equity raise expected later this year. The Credit Junction operates a technology-enabled online marketplace that connects industrial and manufacturing SMEs with private capital sources to provide working capital and supply chain financing. Its platform targets SME borrowers seeking loans of $200K to $2M and aims to decrease time to borrow and overall operational costs through emerging technologies. The company positions itself as an alternative to traditional banks and specialty lenders, addressing declining SME access to capital and extended payment terms imposed by larger buyers. The Credit Junction intends to open credit markets via a robust aggregation platform that increases working capital flexibility for borrowers. Management emphasizes expanding new markets and driving SME growth, which they say will support job creation. The company recently completed a financing round to support these plans.

Team

No current team members are available.